As China builds biotech sector, cash floods U.S. startups
Sep 23rd, 2018
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LATEST NEWS FROM markets - funds
MARKET
UPDATE 1-Belgium's Solvay names Ilham Kadri to replace Clamadieu as CEO
Belgian chemicals group Solvay has named Ilham Kadri, chief executive of U.S. hygiene technology and services company Diversey, to succeed Jean-Pierre Clamadieu as CEO next year...
FUNDS
U.S. 10-year, 30-year Treasury yields hit fresh multi-year highs
The U.S. 10-year Treasury yield and 30-year Treasury yield rose to fresh multi-year highs on Tuesday. The benchmark U.S. 10-year Treasury yield reached 3.252 percent, its...
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Refinitiv loans break for trading
By Yun Li and Michelle Sierra NEW YORK, Sept 18 (LPC) - The US$9.25bn in term loans backing private equity firm Blackstone Group’s purchase of a 55% stake in Refinitiv,...
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SEC charges microcap investors in 'pump-and-dump' schemes
The U.S. Securities and Exchange Commission said on Friday it has charged 10 individuals and 10 associated entities in long-running microcap "pump-and-dump" schemes. The ...
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Pinnacle Assetbuys SierentzGlobal Merchants' natgas tradingbusiness
Commodities and natural resources investor Pinnacle Asset Management said on Thursday it had bought the North American natural gas wholesale trading business of commodities trad...
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AIG's Duperreault sees "huge potential" in investor market for insurance risk
American International Group Chief Executive Officer Brian Duperreault said on Wednesday he sees "huge potential" within the insurer's portfolio for use of a market in which inv...
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UK's Sky to invest in Israeli VC fund and open Berlin office
Pay-TV group Sky plans to step up investments in tech start-ups in Europe and the Middle East by opening a new office in Germany and investing $4 million in an Israeli venture c...
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Einhorn's Greenlight off 25 percent for year; Ackman up double-digits
Billionaire investor David Einhorn's Greenlight Capital hedge fund, whose bets on car companies General Motors (GM.N) and Tesla (
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U.S.-based stock funds attract most cash in two months -ICI
U.S. fund investors showed flashes of optimism during the latest week, feeding the most cash into the stock market in more than two months, according to Investment Company Insti...
FUNDS